Use the California Tax Form Calculator California Tax Form 2416: Schedule of Included Controlled Foreign Corporations (CFC) as a stand alone tax form calculator to quickly calculate specific amounts for your 2019 California state tax return. California Tax Form 2416: Schedule of Included Controlled Foreign Corporations (CFC) is also integrated into our comprehensive California State Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and California State Tax Estimator to quickly calculate your salary, tax and take home pay in California.

Schedule of Included Controlled Foreign Corporations (CFC)

(a)Corporation name

(b)Country ofincorporation

(c)Country ofprimary bus activity

(d)Principal bus.activity code

(e)Subpart F income

(f)Current year earnings and profits

(g)Percentage (e) ÷ (f)

1

2

3

4

5

6

7

8

(h)Net income

(i) *(g) x (h)

(j)Average propertyeverywhere

(k)(g) x (j)

(l)Rent expense x 8

(m)(g) x (l)

(n)Payroll everywhere

(o)(g) x (n)

(p)Sales everywhere

(q)(g) x (p)

1

2

3

4

5

6

7

8

9

TOTAL

Tip: use the California Tax Calculator to edit your refundable and non-refundable tax credits including California Tax Form 2416: Schedule of Included Controlled Foreign Corporations (CFC). Complete, Calculate, print and or save your tax calculation for later use.